Guideline Value for Annai Gomathi Nagar

Annai Gomathi Nagar guideline value

The current guideline value of Annai Gomathi Nagar is Rs 335 per sq.ft. This area is located in Oilcheri village under the Arani_Tiruvallur SRO, classified as Residential Class I Type - III.

How the guideline value of Annai Gomathi Nagar has changed

According to the guideline value register, there are no figures available for the years 2002, 2003, 2007, 2012, and 2017 for Annai Gomathi Nagar. The 2023 revision recorded the guideline value at Rs 335 per sq.ft, which remained unchanged in the 2024 revision, also at Rs 335 per sq.ft. This indicates that there has been no percentage change from 2023 to 2024.

As of the 2024 revision, the guideline value stands at Rs 335 per sq.ft. This value has been consistent since the 2023 revision, reflecting stability in the pricing for this specific street.

Guideline values in Oilcheri

In Oilcheri village, there are four streets under the Arani_Tiruvallur SRO that carry a 2024 guideline value, ranging from Rs 335 to Rs 400 per sq.ft. The median value for these streets is Rs 350 per sq.ft, placing Annai Gomathi Nagar's 2024 figure below that median.

• Edan Garden: Rs 350 per sq.ft (2024)
• Gomathi Amman Nagar: Rs 400 per sq.ft (2024)
• Padmavathi Nagar: Rs 350 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Gomathi Nagar

For a 1,000 sq.ft plot at the current rate of Rs 335 per sq.ft, the guideline value would be Rs 3,35,000. The stamp duty at 7% would amount to Rs 23,450, and the registration fee at 2% would be Rs 6,700, bringing the total to Rs 30,150. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Annai Gomathi Nagar?

The Sub Registrar Office that covers Annai Gomathi Nagar is the Arani_Tiruvallur Sub Registrar Office, located at No.10, S.p Kovil Street, Arani, Ponneri (tk), Thiruvallur (dt) - 601 101. For more information, you can find your SRO.

How the guideline value is used when you buy or sell in Oilcheri

The guideline value is a crucial factor when registering property transactions in Oilcheri. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives appropriate revenue from property sales.

When buying or selling property, the guideline value helps determine the official value of the property, which can influence the amount of tax payable. It is essential for both buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Annai Gomathi Nagar?

The current guideline value of Annai Gomathi Nagar is Rs 335 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

There have been no figures for Annai Gomathi Nagar in the years 2002, 2003, 2007, 2012, and 2017. The guideline value has remained at Rs 335 per sq.ft from 2023 to 2024, showing no change.

What is the median guideline value in Oilcheri?

The median guideline value for the streets in Oilcheri is Rs 350 per sq.ft, with Annai Gomathi Nagar's value being below this median at Rs 335 per sq.ft.

What are the stamp duty and registration fees for property in Annai Gomathi Nagar?

The stamp duty is calculated at 7% and the registration fee at 2% of the guideline value. For a 1,000 sq.ft plot at Rs 335 per sq.ft, the total fees would amount to Rs 30,150.

Which office handles registrations for Annai Gomathi Nagar?

The Arani_Tiruvallur Sub Registrar Office handles registrations for Annai Gomathi Nagar, located at No.10, S.p Kovil Street, Arani, Ponneri (tk), Thiruvallur (dt) - 601 101.